Employee Benefits

OCTOBER 17, 2023

Pension consulting and administration business XPS Pensions Group has been awarded menopause-friendly accreditation ahead of World Menopause Day (18 October). Ben Bramhall, co-chief executive officer at XPS Pensions Group, said: “We are delighted to have achieved accreditation as a menopause friendly employer.

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Employee Benefits

JANUARY 25, 2023

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Age limits are 16 to state pension age. Age limits are 16 to state pension age. Voluntary benefits scheme Retail and leisure discount scheme, available to all employees. Two years paid at half salary at time of acceptance.

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Employee Benefits

NOVEMBER 20, 2023

Examples of these are our Tusker car initiative, which now has 250 users, and presenting available retail discounts just before Christmas as a timely reminder. The TRS outlines what employee benefits have been on offer for the past 12 months. Offering choice is key,” he concludes.

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Employee Benefits

APRIL 3, 2023

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Discounted retail vouchers. Additional voluntary contributions. Group income protection benefit that pays 75% up to state retirement age. Life assurance at 10-times salary. to 9% onto base pay increases.

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Employee Benefits

NOVEMBER 6, 2023

Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer. Substantial discounts are available on both a new bicycle and cycling equipment, with a large number of retailers participating in the scheme,” adds Dargie.

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Employee Benefits

OCTOBER 11, 2023

They will also be eligible for compassionate and parental leave that includes providing a lump sum to cover time off if they welcome a new family member or lose a loved one, and discounts on food and groceries, fuel, technology and utilities at well-known retailers.

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Employee Benefits

JANUARY 25, 2023

At a glance Wave is a national water retailer with 323 members of staff. One of its core commitments is to the health, safety, security and wellbeing of its people, which shapes its wellbeing benefits and the approach it takes to pay and pensions. The average age of employee is 40 and the average length of service stands at 3.8

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HR Digest

JULY 18, 2024

In this particular case, the Senate’s Health, Education, Labor and Pensions (HELP) committee launched a yearlong investigation into Amazon’s warehouse conditions and investigated the link between Amazon Prime Day Sale and worker injuries.

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Employee Benefits

AUGUST 28, 2024

Almost two-thirds (62%) started planning their pension income in the final year before they retired and 72% consider financial preparation to be very important for a happy retirement. It’s important for the financial services industry to help people understand pensions and encourage planning for retirement at all ages.

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Employee Benefits

JANUARY 17, 2023

Discount vouchers are often available through voucher and discount websites and many workplaces offer employee discount schemes with major retailers. It is important that employees understand the importance of saving into their pension from early on. Don’t neglect your pension. Save on household bills and auto-renewals.

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Employee Benefits

AUGUST 9, 2023

With national insurance (NI) savings for both the employer and employees, a pensions salary sacrifice arrangement can help employees maintain their pension contributions while putting some extra pounds into their pay packets each month, all at no additional cost,” he says. Multiple channels should be used,” she explains.

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Enjoy Benefits

JUNE 4, 2023

Wholesale, retail and customer service occupations are among the industries which have seen the largest changes. Pension freedoms introduced by the then chancellor George Osborne in 2015 also allowed some over-55s to draw on their retirement funds early. According to the Office for National Statistics, nearly 3.5

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Employee Benefits

AUGUST 9, 2023

We wanted to target every stage of people’s financial journey, so we offered pre-retirement and pension support to older employees and deployed Salary Finance solutions across the workforce,” he says.

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Employee Benefits

FEBRUARY 27, 2024

Credit: patat / Shutterstock.com Retailer Marks and Spencer has announced pay increases and enhancements to its maternity, paternity and adoption policies. Stuart Machin, chief executive of Marks and Spencer, said: “Our vision is to be the most trusted retailer and that starts with being the most trusted employer. rise from last year.

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cipHR

AUGUST 4, 2020

For organisations in the retail or hospitality sector, managing time and attendance can be a long process – so investing in the right software to automate this task can make a big difference. Employees can be auto enrolled for pensions, substantially reducing the amount of time you need to spend on pensions administration.

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Money Talk

JUNE 24, 2021

People with secure jobs or pensions and decreased expenses and spending opportunities saved more and/or reduced debt. It is safe to say that COVID-19 impacted the finances of every American in one or more ways. It was a tsunami that swept up everyone. Economic impacts were far from even, however. Some industries (e.g.,

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Employee Benefits

NOVEMBER 30, 2023

Ingka Group, which owns retailer Ikea, has announced that it will pay out a €311 million employee bonus based on good results this financial year, where revenue grew by 5.4%. The bonus total varies each year and is based on the performance of the business unit, retail country and market area. loyalty pension programme since 2014.

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Employee Benefits

MARCH 15, 2024

Retailer Primark is to increase hourly pay for 27,000 retail employees so they benefit from an average 9.1% From 1 April, the organisation will increase its average hourly pay rates for all retail assistants across England, Scotland and Wales from £11 to £12, and from £11.51 for those in London.

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Employee Benefits

MARCH 21, 2023

HIVE360’s employee wellbeing and benefits app Engage features an extensive, robust suite of solutions, from debt and money management guidance to payroll information, payslips, pension performance and vital pay documentation, available in one place, 24/7.

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Employee Benefits

FEBRUARY 6, 2023

“If the number of people cutting their pension contributions continues to creep up, then we also need to address concerns about people’s ability to plan for their future or saving for medium terms goals.” Employees are asking for help for acute issues around spending and borrowing,” he says.

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Employee Benefits

APRIL 21, 2023

The top 10 most-read articles on www.employeebenefits.co.uk

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Employee Benefits

NOVEMBER 30, 2022

Benefits offered by Central Co-op: Pension and group risk. A group personal pension for all employees, with varying contribution levels. Retail discount scheme. Life assurance, funded by the employer. Healthcare and wellbeing. Health cash plan, funded by the employee. Employee assistance programme, employer paid. Free flu jab.

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Workplace Insight

MAY 1, 2022

The industries with the largest percentage rises in inactivity among the over-50s are wholesale and retail (40% rise), transport and storage (+30%), and manufacturing (+25%). This was driven by increases in the state pension age , which rose from 65 to 66 from 2019-20. What jobs are older workers leaving, and why?

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Employee Benefits

FEBRUARY 22, 2024

Eurochange’s employees across its head office and 200 UK branches can now access a range of personalised resources, provided by retail industry charity Retail Trust, to support their wellbeing. James Bullock, head of people and culture at Eurochange, added: “We’re incredibly proud of our new partnership with the Retail Trust.

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Employee Benefits

OCTOBER 30, 2023

Credit: Ben Molyneux / Shutterstock.com Kitchenware and homeware retailer Lakeland has implemented new wellbeing support to protect its more than 1,300 members of staff.

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Employee Benefits

FEBRUARY 27, 2023

The benefits offered by the Eden Hotel Collection: Pension Group personal pension for all employees, with a 5% employee and 3% employer contribution. Discount retail platform. Healthcare and wellbeing Health cash plan for all employees, employee-paid. Includes cash back for dentist and optician appointments, for example.

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Employee Benefits

JUNE 3, 2024

The organisation also offers its employees a pension scheme, a discretionary bonus scheme, flexible working, free car parking, two paid days of volunteering leave per year, discounts at airport retailers and food outlets, and access to its online benefits portal EAL Rewards for discounts and savings at high street retailers, supermarkets, attractions, (..)

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Employee Benefits

MARCH 2, 2022

The app provides employees with mental health support through an employee assistance programme, a 24/7 GP service, and health advice; retail and leisure discounts; and access to online payslips and the employee’s pension dashboard.

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Employee Benefits

MAY 22, 2024

We’re doing a lot for our student employees in terms of cost-of-living benefits, including opening up [the] Isa for pensions contributions for them. A University of Lincoln spokesperson said: “We are proud of the financial benefits we’ve been offering, they’ve been a real key focus for us.

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Employee Benefits

AUGUST 12, 2024

The retailer, which operates almost 2,400 food stores, more than 800 funeral homes and provides products to more than 6,000 other stores, including Nisa Retail, employs 56,000 employees.

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Employee Benefits

FEBRUARY 4, 2022

between 28 January and 3 February 2022 were: University staff plan strikes over pensions and pay. Three UK gives pay rise to retail staff. The top 10 most-read stories on employeebenefits.co.uk Deloitte introduces flexible public holidays. Pimlico Plumbers loses holiday pay appeal. 347,000 more staff used an EAP in 2021.

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Employee Benefits

FEBRUARY 12, 2024

From April 2024, 16,500 employees at the home improvement retailer will get an extra 90p per hour, worth over £1,700 more a year for a full-time employee. This increase means our minimum hourly rate has increased by over 27% in the last 3 years and is currently the highest of any major UK retailer. “We

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Employee Benefits

OCTOBER 10, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has announced that it will increase its minimum salary for frontline operations employees as part of a £170 million investment as of 15 October. According to the retailer, the increases mean its minimum starting pay will have risen by 20% in two years, and 50% since 2018.

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Employee Benefits

JUNE 12, 2024

The benefits on offer at Aldermore Bank: Pension A group personal pension (GPP) plan with salary sacrifice arrangement for all employees. Other benefits include: Retail and leisure vouchers. Employee/employer contribution levels are 3%/6%, 4%/8% and 5%/10%. Bikes-for-work scheme for all employees.

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Employee Benefits

FEBRUARY 19, 2024

Benefits on offer at FitFlop in the UK: Pension Group personal pension (GPP) plan offered via salary sacrifice arrangement for all employees, with 4.5% contributions from both employee and employer.

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Employee Benefits

DECEMBER 15, 2021

The benefits on offer at Trayport: Pensions and financial wellbeing. Group personal pension plan with Aviva with a 7% employer contribution. Retail discounts via Reward Gateway. Regular financial wellbeing talks and webinars. Access to a financial advisor. Group risk. Group income protection for all employees, employer paid.

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Employee Benefits

MARCH 5, 2024

Credit: bennphoto / Shutterstock.com Retailer Currys is increasing pay for its approximately 10,000 hourly-paid employees as part of an investment into their pay. The retailer has additionally increased minimum pay rates , which will rise to £11.50 Its store-based workers will now earn an average of £12.33 per hour in London.

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